China’s super wealthy expand rapidly

Consumer and Retail

Friday, September 05, 2008 23:41:41

	China’s super wealthy expand rapidly By STAFF EDITOR Published: August 16, 2007 06:25 PM China has 150,000 super-rich with more than US$5 million in personal wealth, and the number is increasing dramatically, pumping up the prices for golf, yachting, villas and other luxuries, the Shanghai Daily reported. Researcher Rupert Hoogewerf’s China Luxury Index, which tracks 32 items including the Rolls-Royce Phantom EWB and the Louis Vuitton Speedy Bag, shows prices ... You are currently reading 57 words of 174 total words in this article. To continue reading this article, you must be a subscriber. Log in now. Buy this article now for $10 USD. Not a subscriber? Start your 7-day free trial now. bookmark \| digg \| Permalink \| Tell a Friend Tags for this article: EA	More Articles in Consumer and Retail > Today’s Daily Briefs E-Mail Sign up for a roundup of the day’s top stories, sent every day. RELATED ARTICLES > Yiwu to expand trade mall Arcelik buys Chinese washing machine maker Garment makers targeting domestic market outperform exporters Construction set to begin in Guangzhou on world’s largest wholesale base Consolidation ahead for China’s infant product market Quake erodes profits at Sichuan white goods maker Merger of Yunnan cigarette makers rumored

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